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20121112
20121120
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, 22% interest rates, gas lines, stagflation, in 1980 and very different president got elected. ronald reagan liked barack obama and inherited a struggling economy. and reagan implemented policies 180 degrees opposite, instead of jacking up taxes. he cut taxes. instead of exploding spending and the debt he restrained the growth of spending instead of unleashing the hounds of regulators. when i think of regulators are can't help thinking of mr. burns saying release the hounds. instead of releasing the hounds of regulators on small-businesses and entrepreneurs reagan limited regulation and the result was one of the most extraordinary burst of economic productivity our nation has ever seen. the fourth year of reagan's presidency was 1984 precisely corresponding to the fourth year of obama's presidency. anyone know what gdp growth was in 1984? 7.2. seven.2%. our ideas work, there's don't. if you want growth, jobs, if you want twenty three million people struggling to find work to get jobs, the answer is simply you need growth. you have got to reduce and simplify the tax burden, reduced reg
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